Financial Service Executives See Blockchain & AI as 'Hugely Important'

Financial Service Executives See Blockchain & AI as ‘Hugely Important’

Advertised sites are not endorsed by us. They may be unsafe, untrustworthy, or illegal in your jurisdiction. The majority of financial service executives believe blockchain technology will be hugely important to their industry over the next 10 years, according to a survey sponsored by Synechron, a global and technology consultancy based in New York, N.Y. The TABB Group conducted the survey on behalf of Synechron, and it included 92 banking and capital markets institutions. The survey queried executives directly involved with technology decisions about the potential of blockchain technology and artificial intelligence. More than 55% of respondents said that over the next 10 years, blockchain will be a “hugely important” technology in financial services. However, only 12% said they currently have any blockchain deployments; 88% are either in R&D or…